Shri R P N Singh,
Minister of State, Ministry of Petroleum and Natural Gas underlined the
need for energy security, energy conservation and closer integration of
energy markets. While addressing the 30th ASEAN Energy Ministers on
Energy Meeting (AMEM) at Cambodia, he emphasized on the close economic
co-operation among the East Asian Countries as these together represent
more than 50 percent of world’s energy consumption. He showcased the
investment opportunities that exist in Indian petroleum sector under
NELP, petrochemical complexes in Dahej and Mangalore, LNG import and
regasification terminals at Kochi and Ennore; and mapping and
development of shale gas reserves. He also offered to share India’s
capabilities and experience in laying oil & gas pipelines and power
transmission lines to ASEAN countries.

He highlighted achievement of the country in reducing vehicular
pollution with introduction of BS III and BS IV fuels and increasing use
of natural gas in the automobile sector. He added that with the ever
expanding opportunities in the energy sector, India has emerged as an
attractive investment destination. On the sidelines of the AMEM, he also
held the bilateral meetings with the Energy Ministers of Malaysia,
Brunei, Myanmar and Indonesia, in which the issues relating to
enhancement of supply of crude and natural gas to India were discussed.

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